The global service robotics market is expected to surpass US$ 7 Billion by the end of 2020. Defense and Medical robotics together expected to control more than 60 percent market share. The global implementation of service robotics systems in multiple professional application areas will transform the service robotics market. They operate semi– or fully automatically and are capable of performing complex & dangerous tasks, and providing optimum efficiency and increased safety. Professional service robots are used in various industries such as Healthcare, Defense and Security, Agriculture, Logistics and Construction. Service robotics has witnessed a growth in its adoption owing to high labor cost, increase operation efficiency, and strong government support.
Renub Research study titled “Global Service Robotics Market & Volume (Defense, Agriculture (Field), Logistic, Medical, Construction, Mobile Platform, Inspection, Underwater, Rescue and Security & All others) Forecast”analyzes the Global service robotics market by Defense, Agriculture, Logistic, Medical, Construction, Mobile Platform, Inspection, Underwater and Rescue & Security. This report studies separate sales analysis of four companies: KUKA AG, Adept Technology, iRobot and Intuitive Surgical. A six year historic analysis is also provided for these markets. This 80 page report with 54 Figures and 6 Table analyses the global service robotics market and volume by segment, driving factors and challenges for Service Robotics market.

Robotics technologies are used to automate processes, increase productivity, improve quality and decrease human errors. Robotics technology is used in industries like defense, health care, aerospace, and infrastructure.
Global Robotics Market is forecasted to be close to USD 45 Billion by 2020. Rising trends are en-route for automation and constant pioneering technical advancements in industrial robotics and service robotics, the demand of robots has increased immensely.

The global robotics market has grown at a robust rate in the past few years. Two of the major growth factors have been the confluence of technological advancements and rising labour costs.Robotics refers to the branch of technology that deals with the design, construction and operation of a robot. This technology offers innumerable advantages such as flexibility, precision, consistency and increased production.